How can I become LIC agent?Asked by: May Quitzon | Last update: February 11, 2022
Score: 4.2/5 (12 votes)
- Contact the right individuals. Get in touch with the nearest LIC branch in your city and contact the Development Officer. ...
- Participate in an interview. ...
- Complete training. ...
- Pass the examination. ...
- Obtain licensing. ...
- Complete reporting.
How can I become a LIC agent online?
- Click 'Agent's Module Helpline' under Online Services menu tab.
- A new page will open. Click 'Click Here to Register'.
- Enter the relevant details and then click 'Generate OTP'.
- An OTP will be sent to your registered email ID/mobile number.
- Enter the OTP and your registration is done.
What is the exam for LIC agent?
If you want become Lic agent you must be done Lic agent exam and this exam Also known as IRDA Exam. Exam conducted by Insurance Regulatory and Development Authority of India.
What is LIC agent salary?
The average salary for a LIC Agent is ₹ 1.9 Lakhs per year in India, which is at par with the average salary of LIC Agent at Life Insurance Corporation Of India which receives a salary of ₹ 1.9 Lakhs per year.
Is LIC agent a good career?
2] Attractive Remuneration: LIC offers one of the best remuneration systems in the industry that not only takes care of your current earnings, but also guarantees an earning for the future. As LIC agent, you can set your own income targets with a potential to earn as much as you want for the rest of your life.
How to become LIC Agent | LIC Agency | LIC Agency Exam process | LIC एजेंट कैसे बने | Exam Fees
Is LIC agent government job?
If someone is an LIC agent at the present then got a government job. Is there any issue? - Quora. Yes ,there is problem . You have to select either Govt job or LIC agency.
Is LIC agent an employee?
Regulation 29(2) proviso provides that no employee of the Corporation shall be permitted to act as an insurance agent and no employee shall allow any member of his family to act as an insurance agent.
Do LIC agents get pension?
Group pension is also available under Lic Agent Benefits.
Can I become part time LIC agent?
You can join the LIC as an agent. You can work at your pace and time. ... LIC has reduced the educational qualification required for becoming an agent from 12th class to 10th. Among advantages of joining LIC as an agent include the option of working either full or part-time and unlimited earning.
Do LIC agents get stipend?
LIC Agent also gets a monthly stipend of INR 80 to 90 lakhs per year from LIC. ... If the agent works harder and gets more people to buy LIC life insurance, he and she can get up to a 40 percent bonus on first-year commission.
How can I pass IRDA exam?
Minimum marks to pass the test is 18 out of 50 which comes to be 35%. Even if a candidate gets 17 marks in the test, one mark will be given as grace to pass the exam. So, in total we need to answer at least 17 correct questions to pass the test. The result is generated as soon as the candidate submits the test.
How can I take IRDA exam?
Candidates who are interested to apply for IRDA exam will have to apply through online mode. Before applying for IRDA exam, the interested candidate has to get 50-hours training from a training institute which is IRDA approved to act as a Life or General Insurance agent.
How can I check my LIC maturity amount?
Step 1:The insured needs to visit the official website of LIC. Step 2:On the home page, the user can select the option of "New User." Step 3:In the next step, he can fill up his personal details such as name, date of birth, policy number, mobile number, email address, etc.
What is the work of LIC agent?
A LIC agent is one who is an important source of the business for the organisation. The LIC agents develop, build, and always keep maintained contacts with the clients who give business to the organisation by buying the different policies. This is why the recruiters appoint the agents with utmost diligence.
What is reduced paid up in LIC?
Meaning of Reduced Paid-Up in LIC
When the policyholder cannot further pay premiums for the life insurance policy for any reason, the sum assured for the policy is reduced by the insurer (LIC in this case). ... It can be paid up if the future premiums are not paid by the policyholder.
Can a student become LIC agent?
Anyone above 18 years or above in age and 10th passed in education can join LIC as an agent. A fresher, even a student, can become an LIC agent if he is willing to explore new horizons of growth and popularity together. Job of LIC agent is a reputable job with good earnings prospects.
What is the maximum age to become LIC agent?
Minimum age : 18 years. Maximum age : No upper age limit. Minimum Educational Qualification : 10th standard / SSLC / Any equivalent exam. Existing Private Insurance Company Agents / Advisors can also apply.
What happens if LIC agent dies?
In case of agent's death while his agency subsists, after agency was in force for two years or over, renewal commission will continue to be payable to his heirs or nominee provided there was a business of not less than Rs. 1 lakh in force at the time of death.
Can LIC agents sell online?
LIC advisor usually use the offline method of selling insurance. You can, however, sell LIC policies by the online mode through the LIC website as well.
Can a government teacher be a LIC agent?
NO. You can not work as a LIC agent if you are a Government employee.
Why do insurance agents quit?
Most agents quit because they can't get enough sales to support themselves and their families. The only way to change that is to learn how to get more leads, better leads, and follow up on them. People go on fact-finding missions online. They don't care who answers their question, as long as they get answers.
How do insurance agents make money?
When a policy is sold to you, an insurance agent earns a commission. Also, there are promised rewards that are paid over the commissions for the sales targets achieved by them. The new rule by Irdai could work in the interest of policyholders. ... “These rewards are paid over and above commissions for targets achieved.
What is Jeevan Sneha plan?
LIC Jeevan Sneha is a money back plan that offers a periodic return of sum assured with a facility to encash 20% of sum every five years till the tenure of the policy. ... This plan is exclusively designed for women and provides fund in times of needs like education, sickness, and marriage etc.